The views expressed are his own)The recent verdict of the Indian Supreme Court invalidating the electoral bond scheme is being widely hailed as a great victory for Indian democracy. Far from reducing corruption, I submit this verdict will not even create a dent on this widespread phenomenon in India and Indian politics. Businessmen and corporates are smart people, and will surely find out some other way to make donations to political parties while remaining anonymous. Obviously from businessmen/corporates, for whom it is an investment for a quid pro quo ( if the candidate wins ). I regret pouring cold water on all this revelry, merrymaking, festivity, braggadocio and jollification over this verdict, but I suppose it is left to me to bell the cat.

Source: The Hindu February 17, 2024 06:33 UTC